InfoAnda - Apple manufacturer Foxconn considers Brazil plant |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

China's new party chief Xi gets strong mandate for action | | 15 November 2012
NATO head indicates Afghan forces could be smaller | | 19 January 2012
Spotlight on bank tests as ECB readies rate meeting | 4 July 2010

$940 Billion Democratic Healthcare Bill In Final Lap Ahead Of House Vote | 20 March 2010

Forum Views () Forum Replies ()

Read more with google mobile : Apple manufacturer Foxconn considers Brazil plant |

Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Mother who withheld medicine guilty of attempted murder 12:55pm EDT First shots mark 150 years since start of Civil War 4:11pm EDT Questioning of Obama's birth in U.S. should stop: sister 1:42pm EDT Japan says nuclear crisis stabilizing, time to rebuild | 4:39pm EDT Cisco kills Flip camera in first revamp step 4:51pm EDT Discussed 140 Reid says Republicans want shutdown to close clinics 129 China tells U.S. to quit as human rights judge 115 Obama, Congress struggle to find budget deal Watched South Korean "super gun" packs hi-tech killing power Mon, Feb 14 2011 X-47B - the future of autonomous aerial warfare Fri, Feb 11 2011 Japan raises nuclear crisis level 2:26am EDT SMALL BUSINESS Do fries go with that app? Worried about how many calories you are going to consume in a serving of fries? A new iPhone application may help. After taking a picture of the meal with the phone, the app gives a calorie read-out almost instantly Full Article Caribbean rum maker looks to tap U.S. market Startup targets online vacation rentals Apple manufacturer Foxconn considers Brazil plant Tweet Share this By Ray Colitt and Brian Winter BEIJING/SAO PAULO (Reuters) - IPhone maker Foxconn Technology Group is considering investing $12 billion in Brazil, a move that could benefit clients such as Apple Inc looking to break into the world's No. 8... Email Print Related News UPDATE 3-China, Brazil summit brings trade but no yuan talk 12:58pm EDT Analysis: China's South-South trade dominance handcuffs BRICS Mon, Apr 11 2011 Wealth management? There's an app for that Fri, Apr 8 2011 Samsung profit tumbles to near 2-year low, chips to fuel rebound Thu, Apr 7 2011 RPT-Brazil oil agency to regulate ethanol-report Wed, Apr 6 2011 Analysis & Opinion Muni sweeps: Strike two for Larry Silverstein Can consumers solve what’s wrong with healthcare? Related Topics Technology » Media » iPad » Steve Jobs » Stocks Foxconn workers walk on a footbridge outside a Foxconn factory building in the township of Longhua, in southern Guangdong province June 2, 2010. Credit: Reuters/Bobby Yip By Ray Colitt and Brian Winter BEIJING/SAO PAULO | Tue Apr 12, 2011 3:15pm EDT BEIJING/SAO PAULO (Reuters) - IPhone maker Foxconn Technology Group is considering investing $12 billion in Brazil, a move that could benefit clients such as Apple Inc looking to break into the world's No. 8 economy. Brazilian president Dilma Rousseff said on Tuesday her government is studying Foxconn's investment plan, the latest move by the manufacturer to expand its manufacturing operations beyond the booming southern Chinese city of Shenzhen. Rising labor costs have forced many companies to set up operations in cheaper parts of China, but a Foxconn move into Brazil would help tech companies sidestep hefty import tariffs on products they sell in the South American country. Other clients of Foxconn include Hewlett Packard and Dell. Tech companies are keen to sell to Brazilian consumers hungry for high-end electronics, but gadgets are often priced out of the market because of high production costs and import tariffs. Apple's cheapest iPad, for example, retails for about $860 in Brazil, versus $400 in the United States. "You've got an ample range of investments that go from $300 to $400 million to $12 billion over 5 to 6 years in the case of Foxconn," Rousseff told reporters. speaking of discussions her government was having with various technology companies. "They're proposing a partnership. They came to us and said we want to invest in Brazil," she said during a visit to Beijing, where she is meeting Chinese President Hu Jintao. Foxconn, a Taiwanese company that also controls Hon Hai, manufactures most of Apple's products -- including the latest hit gadget, the iPad -- at its Shenzhen factories. "We've been talking to them for three months," said Aloizio Mercadante, Brazil's science and technology minister. TABLETS FOR THE MASSES Rousseff herself has identified tablet computers as a relatively cheap way to promote Internet access for Brazil's emerging lower middle-class, which accounts for about half the 190 million population. Brazil has one of the steepest import-tariff regimes in South America, and is one of the world's most expensive places to do business because of a heavy tax load, an overvalued currency and restrictive labor laws. But as one of the fastest-growing BRIC countries, it has long been viewed as an attractive consumer market, one which some -- like Apple -- have had difficulty breaking into because of steep tariff barriers. Foxconn's move would help clients expand into local markets while potentially also offering a base for export to neighboring regions. To get around hefty tax burdens, electronics vendors have increasingly set up local manufacturing, partly also to hitch a ride on attractive tax benefits. Almost all locally assembled electronic goods are produced near the Amazon city of Manaus, where duty-free status helps make costs more viable. The Brazilian government and Foxconn are now negotiating a range of details, including the location of facilities, financing, taxes, broadband infrastructure and logistics. Mercadente also told reporters Foxconn is planning to begin assembling Apple's iPad tablet PC at its plants in the South American country by the end of November. 1 2 Next Technology Media iPad Steve Jobs Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 13 April 2011
Clashes erupt in Darfur as peace talks stall |
EU awaits strong action from Tunisia on migrants |
Pakistan-based militant group expanding: U.S. general |
All eyes on new CEO as Google reports first-quarter results |
AOL and Huffington Post sued by unpaid bloggers |
McCain, Kerry introduce contentious privacy bill |
Apple manufacturer Foxconn considers Brazil plant |
Canada's Postmedia trims for digital age |
Intel to open Finnish R&D site as Nokia cuts back |
VeriFone sees smartphones driving mobile payment wave |
Bieber, Angry Birds among Webby Awards nominees |
Scream 4 aims to put film franchise back on track |
Rapper Nicki Minaj to join Britney Spears on tour |
John Travolta to depict mob boss John Gotti |
Lindsey Buckingham gearing up for new album, tour |
Justin Bieber says besieged by paparazzi in Israel |
Phil Spector lawyers seek new trial on murder charge |
Chicago blues musician Lacy Gibson dead at 74 |
Mubarak detained for investigation: Egypt TV |
Ministers meet amid fears of Libya stalemate |
Syrian forces arrest 200 in rebellious town: lawyer |
Workers at stricken Japan nuclear plant make a little progress |
Rival security forces clash in Yemeni capital |
Nigeria opposition mulls alliance to beat Jonathan |
China arrests fourth dissident in Jasmine crackdown |
Kashmiri militants watch talks but ready to fight |
TV airwaves needed to counter wireless crunch: FCC |
Chip sector bellwether ASML to see strong Q1 |
Obamas return to Oprah, as TV chat show winds down |
Bradley Cooper in talks to star in Crow remake |
Seal, Santana and Sting to play Montreux jazz fest |
Playwright Edward Albee to receive MacDowell medal |
Aerosmith rocker promises debauched memoirs |
Egypt's Mubarak detained, army win protest respite |
Turkish PM attacks France for ban on full face veil |
Ivory Coast's Ouattara promises to restore security |
Belarus opposition to be quizzed over bomb: Lukashenko |
Mubarak still in hospital, health unstable: source |
Nigeria opposition fails to strike election pact |
Motorola and Huawei settle trade secret dispute |
Foxconn says looking at investment opportunities in Brazil |
Analysis: Russian Internet attacks stifle political dissent |
Students use cameras, YouTube to reveal Misrata siege |
Rick-Rolling Oregon lawmakers a hit on YouTube |
Zoom to make 3G phones with Qualcomm chips |
ASML sees impact of Japan quake on customers |
Bang & Olufsen pledges core unit turnaround |
Justin Bieber under siege in Israel |
Seal, Santana and Sting to play Montreux jazz fest |
Playwright Edward Albee to receive MacDowell medal |
Bieber, Angry Birds among Webby Awards nominees |
Rapper Nicki Minaj to join Britney Spears on tour |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01